Latest in Turns Private Sector
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India turns to private sector for rocket launches
Government sees opportunity to be ‘global leader’ in production and export of small satellitesFinancial Times - 10h -
Lewis Hamilton crashes Ferrari in private Barcelona testing
Lewis Hamilton crashed on his third day of running for new team Ferrari. The seven-time world champion, whose unveiling outside the factory in Maranello last week triggered a “frenzy” in Italy, was ...Yahoo Sports - 3d -
Newsom unveils private-sector initiative to help rebuild Los Angeles
California Gov. Gavin Newsom (D) announced a private sector effort entitled “LA Rises” to rebuild Los Angeles communities on Tuesday after days of devastation caused by wildfires. Newsom selected ...The Hill - 4d -
Kentucky’s Mountaintop Mines Are Turned Into Neighborhoods
As the risk of extreme flooding increases with climate change, an effort is underway to relocate hundreds of flood survivors to unique higher ground.The New York Times - 4d -
Artificial Intelligence Embeds Across Sectors Without Heed to Its Human Impact
AI is becoming a part of of our everyday lives, whether we like it or not.Inc. - 5d -
India's banking sector slump
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantraFinancial Times - 5d -
Citi loses head of private banking unit
Ida Liu was one of few senior female executives below chief executive Jane FraserFinancial Times - 5d -
What Is DeepSeek and Why Is It Disrupting the AI Sector?
DeepSeek is a powerful new rival to American artificial intelligence heavyweights like OpenAI and Meta. Here’s what to know about its surge.Inc. - 5d -
Doug Emhoff returns to career as private attorney
Former second gentleman Doug Emhoff is returning to his career as a private attorney after his wife, former Vice President Kamala Harris, lost the presidential election. A longtime entertainment ...The Hill - 5d -
Vanke’s woes reignite fears for China’s property sector
Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executiveFinancial Times - 6d -
Stocks are pricey, but these overlooked sectors may be your best bet
A rip-roaring rally at the onset of President Donald Trump’s second term in office has brought the S&P 500 back to record territory, stretching market valuations to extremes.MarketWatch - 6d -
Brazilian airline merger would boost aviation sector, says Azul boss
John Rodgerson defends potential tie-up with rival Gol despite concerns about competition and ticket pricingFinancial Times - Jan. 26 -
Space-sector IPOs set to take off as industry braces for a busy 2025
Fortuna Investments CEO Justus Parmar expects to see “a new vintage of space companies that hit the market” in 2025.MarketWatch - Jan. 25 -
Tina Turner's lost Private Dancer song rediscovered
The song, recorded for inclusion on Turner's hit album Private Dancer, was recently uncovered.BBC News - Jan. 23 -
Tesla’s ‘Trump bump’ fades as stock falls alongside rest of EV sector
Investors still expect Musk to benefit more broadly from Trump 2.0.MarketWatch - Jan. 22 -
Trump to announce up to $500 billion in private sector AI infrastructure investment
President Trump is announcing billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.CBS News - Jan. 21 -
Global financial sector dropping key green pledges as Trump takes office
Banks, asset managers and industry groups move to accommodate US president’s anti-net zero stance. The second Trump administration is expected to strike a blow to efforts to align the global ...The Guardian - Jan. 20 -
Erdoğan turns a page in Turkey
More orthodox economic measures go hand in hand with a Kurdish initiative and a recalibrated foreign policyFinancial Times - Jan. 18 -
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UK housebuilders predict sector growth on Labour planning reforms
Taylor Wimpey and others say government measures will boost sector in spite of economic uncertaintyFinancial Times - Jan. 16 -
‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
Hiring a private fire crew costs thousands of dollars a day, and most work through government contracts or with insurance companies. Some wealthy property owners are calling them in directly.The New York Times - Jan. 13 -
Talk Turns to Los Angeles ‘2.0’
The governor of California has called for “a Marshall Plan” to rebuild the fire-ravaged city. But big questions loom about more ambitious and costly projects, including the 2028 Summer Olympic Games.The New York Times - Jan. 13 -
‘It’s about solidarity, not charity’: the Oxfam chief seeking to decolonise the aid sector
Halima Begum outlines her vision for what she sees as a ‘broken model’, with more power over spending given directly to the affected communities. The outdated, elite-dominated international charity ...The Guardian - Jan. 13 -
Private equity targets Europe for big buyout deals
Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024Financial Times - Jan. 12 -
Rich opt out of English courts for private divorces
Wealthy couples splitting up increasingly turn to arbitration as streamlined alternative to overburdened traditional routeFinancial Times - Jan. 10 -
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.The New York Times - Jan. 10 -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - Jan. 10 -
Biden administration imposes major sanctions on Russian energy sector
The Biden administration announced Friday it was imposing what it billed as the most significant sanctions to date on the Russian energy sector, targeting Moscow’s oil and liquified natural gas ...The Hill - Jan. 10 -
China’s solar sector could be on course for a glow-up
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottomFinancial Times - Jan. 10 -
Carter's grandson: He was the same in public and private
Jason Carter, the former president's grandson, delivered a eulogy filled with humor and personal remembrances on Thursday, telling mourners that the 39th president was the same man in public as he ...The Hill - Jan. 9 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
Trump’s Wind Turbine Threats Could Leave the Sector Spinning
President-elect Donald Trump pledged to halt development of wind energy projects, a threat that could slow offshore wind beyond his term.Inc. - Jan. 8 -
Back to office disputes spread across UK public sector
Staff at Land Registry to take industrial action after being ordered back to their desks three days a weekFinancial Times - Jan. 8 -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
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Blackstone joins private equity deal wave in US accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuationsFinancial Times - Jan. 7 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - Jan. 7 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6
